Thursday, May 2, 2024

Pacific region

Pacific region includes: Alaska, California, Hawaii, Oregon and Washington

Prado

Joint Venture of PCCP, LLC and Alliance Residential Acquires 251-Unit Apartment Property Prado in...

A joint venture of PCCP, LLC and Alliance Residential has acquired Prado, a 251-unit, mid-rise apartment community located at 3560 Rambla Place in Santa Clara, California for $125 million ($498,000 per unit). “PCCP is pleased...
JG Whittier

JLL Secured Refinancing of the 54-unit Mid-Rise JG Whittier Apartments in Seattle Washington

JLL Capital Markets announced that it has arranged the $11.85 million refinancing of JG Whittier, a newly constructed, 54-unit, mid-rise apartment community located in the Ballard neighborhood of Seattle, Washington. JLL worked on behalf of...
The Standard at Los Angeles

Landmark Properties Breaks Ground on The Standard at Los Angeles: a 1,284-bed Student Housing...

Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, has begun construction on The Standard at Los Angeles, located at 3900 S Figueroa St....
Portico

Cityview Completes 378-Unit Multifamily Project Portico in Oakland’s Brooklyn Basin

Cityview, a premier multifamily investment management and development firm, has completed Portico – a 378-unit multifamily project in Oakland, California. Now welcoming residents, the eight-story opportunity zone project is located in the fast-growing Brooklyn...

L.A. city council plans eminent domain

The Los Angeles City Council has voted to try to buy a 124-unit housing development in Chinatown by exercising the power of eminent domain, in an effort to freeze rent increases by the landlord,...
The Duo Apartments

Berkadia Arranges $21.5M Loan for Acquisition of The Duo Apartments Near University of Pugent...

Berkadia announced that it has secured financing for the acquisition of The Duo Apartments, a brand new 104-unit, Class A multifamily community located in University Place, a suburb of Tacoma, Washington. Director Michael Manolides and...
Chase Village

JLL Arranged the Refinancing for the 536-Unit Chase Village in Eugene Oregon

JLL Capital Markets announced that it has arranged the $80.5 million refinancing of Chase Village, a 536-unit, garden-style multi-housing community located in Eugene, Oregon. JLL worked on behalf of the borrower, Horizon Realty Advisors, to...
Bermuda Street

CBRE Arranges All-Cash Sale of 8-Unit Multifamily Property on Bermuda Street in Long Beach...

CBRE announced the sale of an eight-unit multifamily property located on Bermuda Street in Long Beach, California to a private investor for $2.7 million. The selling price represents $337,500 per unit and $323 per...
Broadstone Edition

KTGY and Alliance Residential Announce Completion of Broadstone Edition in Irvine California

KTGY and Alliance Residential have announced the completion of Broadstone Edition, a community with 264 for-rent apartments in Irvine, California. KTGY's design addresses the diverse housing demands in the Orange County area with a mix...
Seventh and James Apartments

Kidder Mathews Sells 96-Unit Seventh and James Apartments for $26.9M in First Hill Seattle

Seventh and James Apartments, a mid-rise apartment building totaling 96 units in Seattle’s First Hill neighborhood, sold this week for $26,900,000 in a fully marketed sale by Kidder Mathews’ Simon and Anderson team. The...
Portico

Cityview Reveals Name for 378-Unit Opportunity Zone Project in Oakland’s Brooklyn Basin

Cityview, a premier multifamily investment management and development firm, unveiled the name of its 378-unit opportunity zone project in Oakland, California as Portico. Slated to complete in December 2023, the project is designed to...

New KTGY-designed mixed-use transit-oriented development with apartments and retail in South San Francisco moves...

International award-winning KTGY Architecture + Planning announced today that the new KTGY-designed mixed-use community at 988 El Camino Real in South San Francisco developed by SummerHill Apartment Communities received unanimous approval by the City...
York Tigard

Trion Properties’s Latest Multifamily Disposition in Tigard, Oregon Results in a 29% IRR Portfolio

Trion Properties, a vertically-integrated, multifamily real estate investment firm based in West Hollywood, California and Miami, Florida, announces the disposition of York Apartments a 52-unit multifamily property located in Tigard, Oregon. York Apartments is a...
Matt Field

TMG Partners Announces Promotion of Matt Field to Co-CEO

TMG Partners, one of the San Francisco Bay Area’s largest multi-strategy property investors and developers, announced the promotion of current President Matt Field to the position of Co-Chief Executive Officer, effective immediately. This strategic...

MAG continues its rapid growth with industry veteran Marcelino “Tito” Estrada as regional vice...

Multifamily Ancillary Group (MAG), the industry leader in revenue-generating ancillary services for multifamily owners and managers, has continued its momentum announcing the addition of Marcelino “Tito” Estrada as its Regional Vice President. Estrada brings more...
Yield PRO